Home prices increased across the U.S. once again, and will only continue to climb, though at a much slower pace, according to the latest Home Price Index and HPI Forecast by CoreLogic, a global information, analytics and data-enabled solutions provider.
Read more at HOUSINGWIRE
After a ‘lost decade,’ as housing heals, developers and builders seek to add density in a fierce battle for attainable homes.
Read more at BUILDER
The Conference Board recently reported that the Consumer Confidence Index declined slightly in September. The present situation index declined by 1.5% from 148.4 to 146.1, while the expectations index rose by 0.5% from 101.7 to 102.2. As a result, the Consumer Confidence Index decreased by 0.5% to 119.8 in September on a seasonally adjusted basis, from 120.4 last month.
Read more at Eye On Housing
The Census Bureau, in collaboration with the Department of Housing and Urban Development (HUD), recently released the Survey of Market Absorption (SOMA), which tracks apartment and condominium completions, absorption rates (the share of apartments/condos rented or purchased within the first 3 months after completion), and asking prices.
This week, President Donald Trump and Republican leaders plan to release their tax plan which could bring major changes to the housing industry, if acted upon.
Home flipping dropped to 5.6% of all home sales during the second quarter, or 53,638 single-family homes and condos, down from 6.9% in the first quarter but unchanged from last year.
New ACS data shows a tepid rate of new household formations among young adults. Whats up with the hold-up?
Builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September from a downwardly revised August reading 67 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
This Census analysis can clarify not just the sources, but the motivation and wherewithal underlying American mobility trends.
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NAHB’s analysis of the most recent Census Bureau’s Survey of Construction (SOC) shows that custom home building registered declining market shares across most US regions in 2016. The sharpest drop in the custom home share of new single-family starts took place in the East South Central division, from 35% to 27%.
Read more at Eye On Housing
World Millwork Alliance (WMA) 54 TH Annual Convention & Tradeshow will hold its’ premier event at the Memphis Cook Convention Center from September 11-15, 2018. WMA will offer Veterans and Students complimentary access to the exhibit hall during Millwork Career Day on Friday, September 14, 2018 during the show hours of 10:00 a.m. – 3:30 p.m.
WMA welcomes Veterans and Students to explore a career in the millwork industry. Learn from worldwide millwork professionals while viewing the finest millwork products. Meet with industry distributors and manufacturers about the opportunities in a millwork career.
Pre-registration for a name badge is available by completing a WMA Registration Form. Any local Student or Veteran who has pre-registered will pick up their complimentary “Expo – One Day Pass” with a valid student ID or Veteran ID at the WMA registration desk in the Memphis Cook Convention Center.
Veterans must show a Veteran’s Administration (VA) identification card to receive an “Expo-One Day Pass” and to gain entrance into the exhibit hall on Friday, September 14, 2018.
Students must show a valid Student photo I.D. card to receive an “Expo-One Day Pass” and to gain entrance into the exhibit hall on Friday, September 14, 2018.
Pre-registration is open until August 13, 2018; thereafter, registration is onsite at the WMA registration desk in the Memphis Cook Convention Center.
